Roberto Jacobs / Blog
USD/CHF: Wave Analysis and Forecast for 06.05 – 13.05 USD/CHF: The pair is likely to decline. Estimated pivot point is at the level of 0.9790. Our opinion: Sell the pair from correction below the level of 0.9790 with the target of 0.9130...
USD/JPY: Wave Analysis and Forecast for 06.05 – 13.05 USD/JPY: The pair is likely to grow. Estimated pivot point is at the level of 105.50. Our opinion: Buy the pair from correction above the level of 105.50 with the target of 109.40 – 111.90...
USD/CAD: Wave Analysis and Forecast for 06.05 – 13.05 USD/CAD: The pair is likely to grow. Estimated pivot point is at the level of 1.2453. Our opinion: Buy the pair from correction above the level of 1.2453 with the target of 1.33 – 1.3540...
US Stocks end Higher, but Post Second Weekly Loss in a Row US stocks reversed early losses and managed to close the day with gains, although main Wall Street indexes posted the second weekly loss in a row. The Dow Jones gained 79.92 points, or 0.45%, to close at 17,740.63. The S&P 500 rose 6...
Oil Posts Daily Gain but Finishes the Week Lower Oil prices settled higher on Friday, although off session highs, supported by a decline in US oil rig count while wildfires in Canada continue to raise supply concerns. West Texas Intermediate crude for June delivery reached a high of $45...
Exclusive Currencies Forecast Poll EUR/USD up next week, before fading towards 1.1100: bullish sentiment towards the EUR menaced by a possible US rate hike. GBP/USD capped below 1.4500 ahead of Brexit referendum: the pair is seen up and down around 1.43/1...
USD/JPY Rises above NFP Levels The Japanese weakened in the market during the last hours of the week amid a strong bounce in Wall Street. The Dow Jones is now up by 70 points after being down by almost a hundred points. USD/JPY rose sharply and is now above 106...
FxWirePro: EUR/USD Strongly Bearish Despite Upside Attempts The EUR/USD pair declined towards lower levels in the US session, as the pair found selling interest around 1.1444 levels after the release of mixed US employment data. Any upside is expected to be limited as the resistance level at 1...
US Dollar Volatile, Tests Highs Near 93.80 The greenback, gauged by the US Dollar Index, has briefly tested lows near 93.20 following US Payrolls and quickly jumped to daily highs near 93.80...